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Baota Industry Co (SZSE:000595) Interest Expense : ¥-6.4 Mil (TTM As of Jun. 2024)


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What is Baota Industry Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Baota Industry Co's interest expense for the three months ended in Jun. 2024 was ¥ -1.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-6.4 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Baota Industry Co's Operating Income for the three months ended in Jun. 2024 was ¥ -16.7 Mil. Baota Industry Co's Interest Expense for the three months ended in Jun. 2024 was ¥ -1.9 Mil. Baota Industry Co did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Baota Industry Co Interest Expense Historical Data

The historical data trend for Baota Industry Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Baota Industry Co Interest Expense Chart

Baota Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.66 -17.84 -5.42 -4.85 -5.41

Baota Industry Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.30 -1.46 -1.60 -1.43 -1.88

Baota Industry Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-6.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Baota Industry Co  (SZSE:000595) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Baota Industry Co's Interest Expense for the three months ended in Jun. 2024 was ¥-1.9 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥-16.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ¥74.3 Mil.

Baota Industry Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Baota Industry Co did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Baota Industry Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Baota Industry Co Ltd (SZSE:000595) » Definitions » Interest Expense
Comparable Companies
SZSE:002006 SZSE:002046 SZSE:002530 SHSE:603135 SHSE:603203 SHSE:600525 SZSE:002438 SZSE:300293 SZSE:300263 SZSE:301325 XTER:SIE XPAR:SU ETN OSTO:ATCO A PH ITW EMR TSE:7011 CMI BSP:WEGE3
Traded in Other Exchanges
N/A
Address
No. 630 Beijing West Road, Xixia District, Yinchuan, Ningxia, CHN, 750021
Website
http://www.nxz.com.cn
Baota Industry Co Ltd operates in the bearing industry. The company can produce bearings from 40mm to 3500mm in diameter. The products of the company are used in rail transit, military industry, precision motor, petroleum machinery, metallurgy machinery, heavy truck, construction machinery, mining machinery, cement machinery and hydraulic engineering. Its products are sold all over China and exported to over 50 countries and regions, such as Europe, America, Asia, and Africa.
Executives
Xu Hong Chang Supervisors
Yao Zhan Wen Executives
Lu Xing Liang Directors, executives
Du Jian Wen Executives
Wang Jing Bo Director
Feng Yu Directors, executives
Zhou Jia Feng Directors, executives
Zhao Li Bao Director
Suo Zhan Hai Executives
Qian Cheng Director
Yan Hai Xiang Executives
Hao Peng Executives
Wang Yu Cai Executives
Zhen Hai Yang Directors, executives
Zhang Li Zhong Director

Baota Industry Co Headlines

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